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Centrus Energy (Centrus Energy) Asset Turnover : 0.14 (As of Dec. 2023)


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What is Centrus Energy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Centrus Energy's Revenue for the three months ended in Dec. 2023 was $103.6 Mil. Centrus Energy's Total Assets for the quarter that ended in Dec. 2023 was $720.5 Mil. Therefore, Centrus Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Centrus Energy's annualized ROE % for the quarter that ended in Dec. 2023 was 5,426.51%. It is also linked to ROA % through Du Pont Formula. Centrus Energy's annualized ROA % for the quarter that ended in Dec. 2023 was 31.26%.


Centrus Energy Asset Turnover Historical Data

The historical data trend for Centrus Energy's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Centrus Energy Asset Turnover Chart

Centrus Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.53 0.56 0.46 0.43

Centrus Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.10 0.14 0.07 0.14

Competitive Comparison of Centrus Energy's Asset Turnover

For the Uranium subindustry, Centrus Energy's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Centrus Energy's Asset Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Centrus Energy's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Centrus Energy's Asset Turnover falls into.



Centrus Energy Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Centrus Energy's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=320.2/( (705.5+796.2)/ 2 )
=320.2/750.85
=0.43

Centrus Energy's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=103.6/( (644.7+796.2)/ 2 )
=103.6/720.45
=0.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Centrus Energy  (AMEX:LEU) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Centrus Energy's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=225.2/4.15
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(225.2 / 414.4)*(414.4 / 720.45)*(720.45/ 4.15)
=Net Margin %*Asset Turnover*Equity Multiplier
=54.34 %*0.5752*173.6024
=ROA %*Equity Multiplier
=31.26 %*173.6024
=5,426.51 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Centrus Energy's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=225.2/720.45
=(Net Income / Revenue)*(Revenue / Total Assets)
=(225.2 / 414.4)*(414.4 / 720.45)
=Net Margin %*Asset Turnover
=54.34 %*0.5752
=31.26 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Centrus Energy Asset Turnover Related Terms

Thank you for viewing the detailed overview of Centrus Energy's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Centrus Energy (Centrus Energy) Business Description

Traded in Other Exchanges
Address
6901 Rockledge Drive, Suite 800, Bethesda, MD, USA, 20817
Centrus Energy Corp is engaged in the supply of nuclear fuel and services for the nuclear power industry. It operates through the Low-Enriched Uranium (LEU) and Technical solutions segments. The LEU segment has two components which include the sale of separative work units and uranium. The Technical Solutions segment provides advanced engineering, design, and manufacturing services to government and private sector customers. The majority of the firm's revenue gets derived from the LEU segment. It has a business presence in the U.S. and other countries, of which prime revenue is generated in the U.S.
Executives
Morris Bawabeh 10 percent owner 15 OCEAN AVENUE, BROOKLYN NY 11225
Shahram Ghasemian officer: SVP, GC, CCO and Corp. Sec'y CENTRUS ENERGY CORP., 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Bradley J Sawatzke director CENTRUS ENERGY CORP., 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Kirkland H Donald director C/O ENTERGY CORPORATION LEGAL DEPT., 639 LOYOLA AVE., 26TH FLOOR, NEW ORLEANS LA 70113
Tina W Jonas director C/O PASSUR AEROSPACE, INC, ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Neil S Subin director 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
W T Jagodinski director 6415 THOMAS DRIVE, UNIT 1702, PANAMA CITY BEACH FL 32408
Mikel H Williams director 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Dennis John Scott officer: VP,GEN COUNS, CCO & CORP SEC'Y 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Donelson John M A officer: V.P., Marketing and Sales 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Philip O Strawbridge officer: SVP, CFO, CAO & Treasurer 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Daniel B Poneman officer: Chief Strategic Officer 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Kevin J Harrill officer: Controller & CAO 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
John C Dorrian officer: Controller & Chief Acctg Ofcr. 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Larry B Cutlip officer: VP, FIELD OPERATIONS 6901 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817